Teslarati

JANUARY 25, 2024

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. Hyundai & Kia take second place after Tesla in US EV sales Customers interested in purchasing a MY 2023 or MY 2024 ID.4

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Green Car Reports

DECEMBER 17, 2018

If you happen to be in California, rejoice; the 2019 Hyundai Kona Electric will arrive at dealerships in January, at just $37,495. That brings the effective total to $29,995 for the Kona Electric, provided you have enough taxable income to receive the full the federal electric vehicle tax credit.

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Teslarati

JULY 4, 2022

As recently corroborated by the veteran Japanese carmaker, it has already crossed the 200,000-unit cap for the United States’ $7,500 tax credit for hybrid and all-electric vehicles. Don’t hesitate to contact us with news tips. Just send a message to simon @teslarati.com to give us a heads up.

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Baua Electric

JUNE 17, 2024

Despite the competition pulling back, Hyundai is racing full speed ahead as it looks to close the gap with Tesla in the US electric vehicle market. Hyundai Motor Group CEO Chang Jae-hoon confirmed EVs are “the top priority” in the US as construction on its massive $7.59 It will also create about 50,000 new jobs.

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Baua Electric

JULY 11, 2024

Kia sold more electric vehicles in the US in Q2 than its sister company, Hyundai. After EV sales more than doubled in the second quarter, Kia looks to keep up the momentum as its new EV9 helps gain market share. With the Niro EV included the growth was enough for Kia to surpass Hyundai in US EV sales in Q2. Hyundai 21% 5.1%

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Baua Electric

JULY 2, 2024

Hyundai is showing no signs of slowing down in the US EV market after a record-breaking second quarter. The Hyundai IONIQ 5 and IONIQ 6 both set new Q2 sales records as demand for long-range EVs at an affordable price continues to climb in the US.

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Baua Electric

FEBRUARY 27, 2024

February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia.

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Baua Electric

JANUARY 17, 2024

The all-electric Hyundai Kona EV is getting the sporty N Line treatment. Hyundai unveiled the new Kona Electric N Line with stylish design upgrades. Hyundai Motor Europe’s best-selling EV is getting even more attractive. The Kona Electric is Hyundai Europe’s first EV to get the sporty N Line treatment.

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Baua Electric

MARCH 6, 2024

Hyundai unveiled a sleek new IONIQ 6 Black Edition this week. The new blacked-out EV is fitted with special matte wheels, molding, and other upgrades. Hyundai unveils IONIQ 6 Black Edition Following the launch of the updated IONIQ 5 earlier this week, Hyundai revealed another new model in Korea.

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Baua Electric

JUNE 19, 2024

Despite talk of an “EV slowdown,” Hyundai is charging ahead. Hyundai is launching two new electric vehicles in Europe, including a low-cost EV and a new IONIQ model, to boost its market share in the region. Hyundai does not see its EV growth slowing in Europe over the next few years.

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Teslarati

OCTOBER 12, 2023

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Baua Electric

JANUARY 12, 2024

With a new special cash offer, the 2024 Hyundai IONIQ 6 can be significantly cheaper to buy than the upgraded Tesla Model 3 Highand. Hyundai is offering a $7,500 purchase incentive on the 2024 IONIQ 6. It’s essentially like receiving the full EV tax credit with a new purchase. 361 $43,656 SEL RWD 77.4

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Teslarati

NOVEMBER 25, 2022

Hyundai is reportedly considering building a battery production facility with partner SK Innovation in Georgia, this being its third facility in the State. Hyundai has been in an all-out blitz to establish electric vehicle manufacturing capabilities in the United States. EV tax incentives have added urgency to their plans.

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Baua Electric

JUNE 24, 2024

After a record 2023, Hyundai and Kia are not slowing down this year. With new tariffs on Chinese EVs, Hyundai and Kia look to gain an edge over their overseas rivals. Hyundai Motor, including Kia, generated a record over $9 billion (KRW 12.27 In the US, Hyundai shattered its sales record for the third year in a row.

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Baua Electric

JANUARY 16, 2024

New incentives can make the 2024 Hyundai Ioniq 6 much cheaper than the newly updated Tesla Model 3, according to CarsDirect. But for those purchasing rather than leasing, the rebate drops the Hyundai’s base price from $38,615 to $31,115. So it appears that the company wants to stay very competitive on price.

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EV Central

FEBRUARY 16, 2024

The federal government’s tough new fuel efficiency standard has been endorsed by Hyundai – but with provisos. And it wants the $100 per gram fine proposed for exceeding CO2 emissions limits under the governments preferred ‘Option B’ version of the New Vehicle Efficiency Standard (NVES) reduced. 2024 Hyundai Ioniq 5 N.

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Teslarati

AUGUST 16, 2022

President Joe Biden will sign the Inflation Reduction Act today, and the act will cut EV tax incentives with it. Most cuts come from the bill’s requirement of US assembly and price limits for qualifying vehicles. The act makes loans and tax breaks available to manufacturers to switch production to electric vehicles.

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Baua Electric

JUNE 3, 2024

If you’re seeing more electric Hyundai SUVs out and about, it’s not just you. Hyundai Motor America sold a record number of IONIQ 5 models in May as EV sales continue trending higher. Hyundai has continued its hot streak this year despite talk of an “EV slowdown.” In April , Hyundai sold 3,702 IONIQ 5s, up 59% YOY.

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Baua Electric

MAY 23, 2024

in March as several automakers, including Hyundai and Ford, saw electric car sales surge. Big price cuts and lease deals boosted demand in the first quarter, as automakers are divided on which way the market goes from here. Driven by drastic price cuts, Ford sold 20,223 electric vehicles in the first quarter, up 86% from Q1 2023.

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Baua Electric

APRIL 25, 2024

Following similar announcements from rivals, Hyundai is adding more hybrids to its lineup as a bridge to its next-gen EVs. Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. Hyundai Q1 2024 sales by region (Source: Hyundai) Overall, EVs accounted for 4.5% (vs 6.5% vs. 15.9%).

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Baua Electric

JANUARY 25, 2024

Hyundai sold 268,785 EVs last year as demand for the IONIQ 5 and IONIQ 6 picked up. The South Korean automaker plans to strengthen its leadership in the EV market, with new models gaining momentum. Hyundai sold 268,785 EVs in 2023 During the last three months of 2023, Hyundai sold over 57,975 electric vehicles globally.

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Baua Electric

JANUARY 3, 2024

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US EV tax credit at the beginning of 2024. However, no other specifics were mentioned.

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Baua Electric

MARCH 12, 2024

After the IONIQ 5 earned Hyundai’s first N-brand treatment, it’s now due for a rugged, off-road XRT upgrade. Hyundai revealed the new IONIQ 5 refresh earlier this month, which includes several design upgrades, a bigger battery (with more range), and an added rear wiper. It’s expected to be built at Hyundai’s new $7.6

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The Truth About Cars

SEPTEMBER 22, 2023

Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. or from a free-trade agreement partner.

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The Truth About Cars

JUNE 26, 2024

Kia’s now jumping into the fray with the EV4 , a small electric car it promises will land with a reasonable price and widespread availability. The car’s starting price is expected to come in at under $35,000, which would make it one of the most affordable electric models in the U.S., assuming it comes here. .&

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Kia Affordable Tax Credit Georgia 104

EV Life

JUNE 29, 2023

Great news for drivers looking to purchase an electric vehicle in Colorado! But the most exciting part of the new bill for many Colorado residents is the expansion of an additional Colorado Electric Vehicle Tax Credit for qualified drivers looking to purchase electric vehicles. What Are Electric Vehicle Incentives? 4 , and more.

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Baua Electric

FEBRUARY 8, 2024

Is the Hyundai IONIQ T10 the electric truck we’ve been waiting for? A new trademark filing for an IONIQ T10 suggests Hyundai could be aiming for Ford’s F-150 Lightning. Is Hyundai launching an electric IONIQ T10 pickup truck? In June, Hyundai unveiled its new EV platform.

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Baua Electric

APRIL 30, 2024

Hyundai Motor India, the second largest car maker in the country, is set to enter the hybrid vehicle segment in the coming three years. Hyundai Motor India is likely to bring in the hybrid powertrain alternatives in its mid-size SUVs in the future. Globally too Hyundai Motor is pushing for hybrids.

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Baua Electric

MARCH 15, 2024

Although Ford and GM’s EV registrations slipped, Rivian (RIVN) and Hyundai saw some of the biggest growth. of new US light-vehicle registrations in January, up from 7.1% According to S&P Global Mobility registration data (via Automotive News ), the growth was uneven across the competition. in Jan 2022. YOY( 2,956).

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Baua Electric

MAY 28, 2024

Volkswagen is aiming for its new low-cost electric vehicles to debut in 2027. The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). Meanwhile, after failing to find an agreement with VW, Renault still plans to launch a low-cost Twingo e-Tech successor, starting around the same price.

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Affordable Price Electric Vehicles Kia 52

Baua Electric

JUNE 10, 2024

Hyundai Motor Group, including Tesla, is gaining ground on Tesla in the US electric vehicle market. After a record start to 2024, Hyundai and Kia accounted for 11.2% Hyundai and Kia have been on a roll with some of the most affordable, fuel-efficient electric cars in the US. Hyundai Motor’s share has risen from 3.2%

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Kia Hyundai Market Tax Credit 40

Clean Fleet Report

MARCH 2, 2023

News: 2023 Genesis Electrified GV70 AWD First Genesis Built in the U.S. Is an EV Genesis, the luxury division of Hyundai Motor Group, began this past week producing its first model in the United States at the sprawling HMG factory in Montgomery, Alabama. The last one is no small thing. The Electrified GV70 comes in two trim levels.

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Alabama Hyundai South Korea All-Electric 88

Baua Electric

SEPTEMBER 11, 2024

GM’s new electric SUV has been officially certified to launch in Korea. The Chevy Equinox EV will fight for a position against Hyundai’s IONIQ 5 on its home turf. Chevy Equinox EV to challenge Hyundai IONIQ 5 in Korea Earlier this year, GM revealed plans to launch four new vehicles to boost its presence in Korea.

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Baua Electric

JANUARY 20, 2024

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch With $7,500 of “retail bonus cash”—a rebate on purchases, not leases–the 2024 Hyundai Ioniq 6 is much cheaper than the Tesla Model 3.

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Affordable Honda Hyundai Toyota 96

Baua Electric

MARCH 4, 2024

The first three-row electric SUV from Hyundai will be named the IONIQ 9. Hyundai plans to change the name of the electric SUV from IONIQ 7 to IONIQ 9 as it looks to build off Kia’s success with the EV9. According to S&P Global registration data, Hyundai was the fourth best-selling EV brand in the US last year, with 4.5%

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Electric Auto Association

JULY 2, 2022

Extreme EVs, Hyundai, GM, Ferrari, and more. GM is slashing prices and offering retroactive discounts on Chevy Bolt electric vehicles (TVs). Ultra-luxury coming Cadillac’s new, hand-built Celestiq was teased as its future flagship vehicle. Concept Wildcat Buick is going all-electric and reinventing its brand with a new model.

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Baua Electric

JANUARY 10, 2024

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Although Tesla’s share will inevitably fall as new models are introduced, price cuts helped bounce back from an all-time low in Q3.

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